Dai DAI
Current Price
$0.9986 -0.07%
$0.0027 Daily Range (0.27%)
$0.9983$1.00
$92.17M Daily Volume
1,019 BTC
Vol/MktCap: 2.14%
Market Performance
0.19% Relative BTC Volume
The total volume of Dai is $92.17M over the past 24 hours, compared to $47.76B total Bitcoin volume.
Hourly Moving Average
8 SMA $0.9996 -0.10%
13 SMA $0.9996 -0.09%
21 SMA $0.9996 -0.10%
55 SMA $0.9996 -0.10%
144 SMA $0.9995 -0.09%
Price Performance
-0.15% 1 Hour Change
$0.9986 from $1.00
-0.09% 7 Day Change
-$0.0009 from $0.9995
-0.08% 14 Day Change
-$0.0008 from $0.9994
-0.14% 30 Day Change
-$0.0014 from $1.00
All Time High
March 13, 2020
$1.22 -18.00%
-$0.2196 vs. now
24H Change
-25.01M USD -0.58%
-276 BTC
Volume and Supply
Total Supply: 4.31B DAI 
4.31B DAI Available100.00% circulating A lower circulating supply may increase over time, reducing scarcity and potentially causing a drop in price. A higher circulating supply is less susceptible to dilution, offering the potential for a more stable price long-term.
Relative Supply Ratio
216.14 x BTC Supply216:1 supply ratio
RSR reflects potential differences in tokenomics, such as inflation rates, utility, or burn mechanisms, which can impact long-term value and scarcity.
Relative Trade Volume
92.21M DAI
traded over past 24 hours
2.14% of circulating supply
A higher trade volume relative to market cap indicates strong market activity and liquidity, while a lower ratio may suggest reduced interest, lower liquidity, or potential price stagnation.
Conversion Tool
Dai AI Market Analysis
Dai (DAI) is currently trading at $0.999759, demonstrating a minor increase of 0.02469% over the past 24 hours. The daily price range has been tight, with a high of $1.001 and a low of $0.99876, indicating low volatility in the stablecoin market.
The trading volume of $75,376,248 represents a relatively low level of activity, with a volume-to-market cap ratio of 1.74%. This suggests that the liquidity is moderate, and while DAI typically maintains its peg to the US dollar, current trading conditions show little momentum in either direction.
Technical indicators reflect stability, as the hourly moving averages are clustered closely around the current price, with the 8 SMA at $0.9996 and the 55 SMA at $0.9995. The 1-hour RSI is at 52, indicating a neutral position, while the 7-day RSI of 50 confirms a lack of strong bullish or bearish momentum.
On a longer-term basis, the 7-day price change shows a slight increase of 0.0406%, but the 30-day price change indicates a decline of 0.1492%, suggesting that DAI has faced some downward pressure in the previous month. The all-time high of $1.22, recorded in March 2020, emphasizes that DAI has consistently traded near its intended peg to the dollar.
Given the current price stability and slight fluctuations within a narrow range, DAI is maintaining its function as a stablecoin effectively. However, the lack of significant upward momentum and a historical context of price stagnation lead to a cautious outlook.
Rating: Hold. The current price stability and minor fluctuations suggest that investors should maintain their positions in DAI rather than pursue aggressive trading strategies at this time.
The trading volume of $75,376,248 represents a relatively low level of activity, with a volume-to-market cap ratio of 1.74%. This suggests that the liquidity is moderate, and while DAI typically maintains its peg to the US dollar, current trading conditions show little momentum in either direction.
Technical indicators reflect stability, as the hourly moving averages are clustered closely around the current price, with the 8 SMA at $0.9996 and the 55 SMA at $0.9995. The 1-hour RSI is at 52, indicating a neutral position, while the 7-day RSI of 50 confirms a lack of strong bullish or bearish momentum.
On a longer-term basis, the 7-day price change shows a slight increase of 0.0406%, but the 30-day price change indicates a decline of 0.1492%, suggesting that DAI has faced some downward pressure in the previous month. The all-time high of $1.22, recorded in March 2020, emphasizes that DAI has consistently traded near its intended peg to the dollar.
Given the current price stability and slight fluctuations within a narrow range, DAI is maintaining its function as a stablecoin effectively. However, the lack of significant upward momentum and a historical context of price stagnation lead to a cautious outlook.
Rating: Hold. The current price stability and minor fluctuations suggest that investors should maintain their positions in DAI rather than pursue aggressive trading strategies at this time.
Updated 670 minutes ago.
Dai Relative Price at Market Cap of:
Dai TradingView Chart
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